Hopefully the gap close at 0.9c (that will apparently never ever happen), will be the bottom of this horror run.
I think it will be.
This is why I was critical of the size of the capital raise and the fact it was to unknowns/ general punters. A lot of people popping up calling this to 10c around that time and pumping half facts, who swiftly were no where to be seen since. No matter what the fundamentals are, it's hard to recover from that kind of register turnover and dilution at a discount.
Should put in a bottom around these levels and hopefully as confidence and sentiment return there will finally be some of the announcements expected 6 months ago. I'm sure there'll be a lot of positivity and deals on the horizon mentioned in tomorrow's webinar, hopefully they are almost ready to be announced.
ESH Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
